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20121205
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Search Results 0 to 9 of about 10 (some duplicates have been removed)
to go off of the fiscal cliff . so would that be something that would factor in to trying to make progress in the first year of the term? >> yeah, that is a big gammle. it is being. either it is going to work and the republicans are going to come back and negotiate with him. or set us off in another recession and derail the second term before it starts. the president is taking a gammle there. it is posturing now. that is a big issue. either he will get entitlement reform and fiscal cliff done or go off of the tracks and he might not recover from it. >> gretchen: there is another scandal that happened before the election and still out there with a lot of unanswered questions. i am talking about benghazi, libya where four americans were murdered. news that the president may nominate united states un ambassador susan rice to secretary of state. how do you think it will play out? >> nomination fights to begin a second term is not a good thing. fdr needed senate approval and that derailed his first. president bush had the fight with john tower in the first term. not a great way to star
development in the oil patch. >> it will be really nice to talk about something other than the fiscal cliff. i will say that. >> jobs. that's right. >> 25 minutes past the hour. the republican party needs some new younger blood say some pundits. are these the new leaders of the gop, paul ryan, marco rubio, could they already be on the campaign trail? bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of
day we're a little closer to the fiscal cliff. every day republicans are here, speaker boehner is here, leader mcconnel is here, lead ready to negotiate, ready to deal, ready to do something that will avoid what everybody agrees would be a disaster and yet the president seems to be content with just traveling around the country doing a victory lap or something at the very time he ought to be here in washington, d.c. sitting down across tremendous table -- across the table from the people who can help us avoid what would be a very, very bad situation for our country economically. it's about jobs and the economy, mr. president. you said it, ewe agree with that, now let's get to work and try to fix it. >> for people who spent a lifetime spilleding a small business in a community, and small communities around the country have a dry cleaner a florist, a car wash, those small businesses will be impacted by the change in the death tax that occurs on january 1. many will not be able to continue to hold that business in the family if they have to pay 55% of every -- of everything in value over
this discussion, this economy gets to the fiscal cliff and the more american jobs are placed in recession. >> if something goes wrong, the fed has no arrows left in its quiver. >> we're checking our lists as the "squawk on the street" countdown to christmas continues. ho, ho, ho. ♪ >> andrew ross sorkin is bringing lloyd blankfein on stage. let's take a look. here's goldman sachs ceo lloyd blankfein. >> a number of people have touched on the fiscal cliff, and i wanted to start with that, but in a different way with you this morning, in that you have been active in washington over the past couple of weeks and all this. you've been on the phone with the white house. i've read reports that you were on the phone with the white house earlier this week. just if you could, take us behind the scenes. what goes on on these conference calls with the business community? sort of what do you see actually happening right now? >> i don't want to oversell this. i was on a couple of conference calls that the white house had with myself and other people who participated in meetings at the white house. i
. and -- >> but for everybody to -- to do that, to say we have to go over this fiscal cliff -- >> we don't have to -- >> in order so that everybody -- >> you could have legislation ready to introduce that week. >> congressman hensarling, before you go, something like that, would -- i mean i hear this from both sides, that if we just go over the president would introduce this legislation to lower rates, republicans who have signed grover norquist's pledge would be able to go along with that and say this is what we did. i didn't vote to raise taxes, i voted to lower taxes. is that the most likely scenario? >> makes sense? >> i'm not a las vegas bookie so i'm not going to say what is most likely scenario. i don't know and my crystal ball is a little fuzzy. again all this talk of taxes is marginally irrelevant. you give the president all of the tax increases that he has requested it's roughly about 23% of his ten-year spending budget. even 1.6 trillion. at most is maybe, 22%, 23%. the additional -- >> but going over that cliff, that's real money. and by the way, that's not that revenue thing. that'
a business network, i have to ask you, you're a businessman. does this fiscal cliff stuff worry you and the prospect of higher taxes worry you? what do you think? >> i think it worries all of us, doesn't it? i'm one that has faith. i believe something is going to happen. i believe we'll have a deal before it gets over the cliff personally. i'm an optimist. >> you're in farming. you have a guesthouse on your land down in georgia. what do you your customers tell you about the state of the economy? >> we get varying points of view from the discussions we have at the plantation. again, i think the majority of folks that come and, you know, have discussions of all types, especially when it gets to the economy, they are optimists and they feel like the country is getting better, albeit more slowly than we would all like. but i think the overall feeling is that it's going to be okay. just take a deep breath, move forward. >> let's turn to music, shall we, steve, come on. >> if you don't know one of the things he's famous for, rolling stones, 1982 but the most classic piano solo in the hist
. this is the piece of the story that is forgotten over and over again. the fiscal cliff is a creation of the republican party. had it not been for a republican party that was unwilling to grant this president an extension on the debt ceiling -- >> which every other president has been able to get in a bi-partisan fashion. >> absolutely. then we wouldn't be here right now. we would not be on the edge of the cliff. it's a precarious thing to negotiate around when you consider we might get thrown into a recession if we do go over it. but the more i watch the right, it the more it looks like something is going to have to budge over there. you look at the pugh poll that came out yesterday. 53% of americans would blame republicans if we go over the cliff. only 26% would blame president obama. >> yeah. >> what do we knew about polling? that there are 20% of americans that will always side with republicans. george bush left office with a 20% hard-core approval rating. the iraq war seven years in had a 20% approval rating. so obviously it's that 20% that's bl
cliff. >> i know, the way he said that was unnerving. let me tell you something. >> it's also just that egotism that everybody reacts to. >> i was in china for ten days and with a group of mayors, the mayor of philadelphia, beijing, mayor nutter. and you know, people in china are asking about the fiscal cliff. everywhere we went. what's going on with you people? so the world is watching. and it's not just us. and i don't care, maybe you think the chinese, well, too bad for them, but it's not just the chinese, it's europe, and they're blaming the fact that their economies aren't going based on the fact that we're in this stalemate. you know, it's huge. >> harold, i mean, it all comes down to leadership. you know, when you talk to business owners, they want leadership shown. i'm glad the president is talking to business leaders now. >> and a debater on the phone. >> not only the administration but also on the other side of pennsylvania avenue with the republicans and harry reid in the senate. you're just not seeing it. >> you don't see enough of it. curiously, the markets -- investor
something to vote on a resolution of a resolution to avoid us going over the fiscal cliff. well after you will wanted to sound off on follow us on twitter at bpshow or facebook.com/bill press show. here we go peter ogburn and dan hinning. >> happy monday. >> fill backert has the phones. cyprian bowlding on the video camera. speakinging of video camera? peters his. >> dan has his peyton manning jersey. >> no. no. no. no. no. that would be his more astute brother 5 two points against the saints yesterday. take that. put it in your pocket and smoke it. >> what's a pate manning jersey? >> what else did you do? >> i look forward to next hour when you will wear your archie manning jersey. >> i would be all right with that. >> notes on people's backs they didn't know about. >> yeah. maybe 3rd grade. >> you know newt gingrich he has to do something to try to keep himself relevant, although nothing really works. to show you how eager newt is to keep in the news, yesterday, he stoops to talking about 2016 and hillary clinton. >> that's when you've got nothing e
Search Results 0 to 9 of about 10 (some duplicates have been removed)